Dexcom (DXCM) Operating Expenses (2010 - 2026)

Dexcom's (DXCM) quarterly Operating Expenses came in at $495.0 million in Q1 2026, up 8.72% year-on-year from $455.3 million in Q1 2025, and up 5.39% on a QoQ basis from $469.7 million in Q4 2025.

Dexcom (DXCM) Operating Expenses (2010 - 2026) Analysis & Trends

Dexcom (DXCM) has 17 years of Operating Expenses data on file, last reported at $495.0 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 8.72% year-over-year to $495.0 million in Q1 2026; TTM through Mar 2026 was $1.9 billion, a 5.3% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 2.82% from the prior year.
  • Operating Expenses for Q1 2026 stood at $495.0 million, up from $469.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for DXCM reached as high as $495.0 million in Q1 2026 and fell as low as $346.7 million in Q3 2022.
  • Historically, Operating Expenses has averaged $435.7 million across 5 years, with a median of $441.8 million in 2024.
  • Across the five-year window, Operating Expenses fell 11.89% in 2022 and gained 20.51% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $415.9 million in 2022, then grew by 5.72% to $439.7 million in 2023, then increased by 6.19% to $466.9 million in 2024, then climbed by 0.6% to $469.7 million in 2025, then rose by 5.39% to $495.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $495.0 million in Q1 2026, $469.7 million in Q4 2025, and $488.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 380.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 495.00 Mn
Dec 31, 2025 469.70 Mn
Sep 30, 2025 488.90 Mn
Jun 30, 2025 476.20 Mn
Mar 31, 2025 455.30 Mn
Dec 31, 2024 466.90 Mn
Sep 30, 2024 441.80 Mn
Jun 30, 2024 468.70 Mn
Mar 31, 2024 460.80 Mn
Dec 31, 2023 439.70 Mn
Sep 30, 2023 417.80 Mn
Jun 30, 2023 418.30 Mn
Mar 31, 2023 415.40 Mn
Dec 31, 2022 415.90 Mn
Sep 30, 2022 346.70 Mn
Jun 30, 2022 372.50 Mn
Mar 31, 2022 356.80 Mn
Dec 31, 2021 472.00 Mn
Sep 30, 2021 328.60 Mn
Jun 30, 2021 316.10 Mn